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Chip shortage to get worse before it gets better, says Intel CEO

The global chip shortage will continue to worsen for the time being, according to Intel CEO Pat Gelsinger, with the industry forecast to endure a worsening situation throughout the second half of 2021, before there’s any real hope of recovery.The shortage in semiconductor production affecting the supply of chips for electronic devices is thought to not quite reach its worst stage yet, the chief of Intel believes. Speaking in an interview, Gelsinger proposes the shoratage could reach that point before the end of 2021.A lack of supply of semiconductors will reach its lowest point in the second half of the year before starting its road to recovery, said Gelsinger, according to Bloomberg. However, even that may not be enough for some chip production clients. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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